Office Depot paying $1M to settle SEC charges

Thu, 10/21/2010 - 18:15 EDT - AP

By MARCY GORDON
2010-10-21T23:15:16Z
WASHINGTON (AP) -- Office Depot Inc. on Thursday agreed to pay $1 million to settle federal charges that it overstated earnings and shared information with a select group that it failed to include in public filings....

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AP - Office Depot Inc. on Thursday agreed to pay $1 million to settle federal charges that it overstated earnings and shared information with a select group that it failed to include in public filings.

[AP] - Office Depot Inc. on Thursday agreed to pay $1 million to settle federal charges that it overstated earnings and shared information with a select group that it failed to include in public filings.

[AP] - Office Depot Inc. on Thursday agreed to pay $1 million to settle federal charges that it overstated earnings and shared information with a select group that it failed to include in public filings.

WASHINGTON (AP) — Bankrate Inc., a publisher of widely-read consumer finance data, has agreed to pay a $15 million fine to settle federal regulators' charges of manipulating its financial results to meet analysts' expectations.The Securities and Exchange Commission announced the settlement Tuesday of civil charges of accounting fraud with Bankrate and a former vice president of finance. Bankrate, based in North Palm Beach, Florida, neither admitted nor denied wrongdoing. It has agreed to refrain from future violations of the securities laws.

NEW YORK (Reuters) - The trial of former Goldman Sachs bond trader Fabrice "Fabulous Fab" Tourre next week gives the U.S. Securities and Exchange Commission an opportunity to prove that it can win big cases tied to the financial crisis. The SEC claimed an 85 percent success rate in all trials last year, but its critics have said that, when it comes to the financial crisis, its win rate has been dismal.

(WASHINGTON) — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year. The Securities and Exchange Commission said Wednesday that the penalty is the largest ever imposed against an exchange. Nasdaq also has had to pay $62 million in reimbursements to investment firms that lost money because of the problems. Facebook launched its initial public offering on May 18, 2012 amid great fanfare.

(WASHINGTON) — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year. The Securities and Exchange Commission said Wednesday that the penalty is the largest ever imposed against an exchange. Nasdaq also has had to pay $62 million in reimbursements to investment firms that lost money because of the problems. Facebook launched its initial public offering on May 18, 2012 amid great fanfare.